Bitcoin
Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
Bitcoin is changing the way we see money as we speak. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. It is a decentralized peer-to-peer internet currency making mobile payment easy, very low transaction fees, protects your identity, and it works anywhere all the time with no central authority and banks.
Bitcoin is designed to have only 21 million BTC ever created, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Miners today are mining Bitcoin using ASIC chip dedicated to only mining Bitcoin, and the hash rate has shot up to peta hashes.
Being the first successful online cryptography currency, Bitcoin has inspired other alternative currencies such as Litecoin, Peercoin, Primecoin, and so on.
The cryptocurrency then took off with the innovation of the turing-complete smart contract by Ethereum which led to the development of other amazing projects such as EOS, Tron, and even crypto-collectibles such as CryptoKitties.
Bitcoin News / Google News Bitcoin - 2 days ago
Every New Trillion Of Debt In Trump's 'Big Beautiful Bill' Is 'Free Adertising For Bitcoin,' Expert States& & Yahoo Finance
Cryptocoins News / The Cointelegraph - 2 days ago
Bitcoin sold off near the $110,000 ceiling, but the price reset could give BNB, SOL, LINK and AAVE a chance to rally. Key poin...
More / Bitcoin Reddit - 2 days ago
Explaining ‘seed phrases’ to boomers is harder than mining solo. Dad wrote the 24 words in Comic Sans. Mom took a pic and saved it to Google Photos. We’re not making it. Pray ???? submitted by /u/Waste_Progress3877 [link] [comm...
More / Bitcoin Reddit - 2 days ago
Still blows my mind how traditional finance folks can’t grasp digital scarcity. Meanwhile, I’m learning self-custody, decentralization, and watching fiat debase live. Let them laugh… we’ll see who’s laughing when they’re asking how to buy Bitcoin at...
Bitcoin News / Bitcoinist - 2 days ago
Bo Hines, executive director of the President’s Council of Advisors on Digital Assets, signalled that Washington is seriously considering a public-private partnership with US miners to expand the Strategic Bitcoin Reserve—without spending new federal...
More / Bitcoin Reddit - 2 days ago
Back then: You’re crazy for buying at $58K, it’s going back to $20K! Now: Why didn’t I just buy more back then?! It’s wild how quickly narratives flip in this space. One moment it’s doom, the next it’s euphoria. Just a reminder: time in the market &g...
Bitcoin News / Google News Bitcoin - 2 days ago
Bitcoin (BTC) Price Prediction: Bitcoin Bulls Target New Highs Despite $110K Resistance Flop& & Brave New Coin
Bitcoin News / Google News Bitcoin - 2 days ago
Bitcoin Hyper raises $2M as Layer-2 momentum builds – Could $HYPER be the best crypto to buy right now?& & Latest news from Azerbaijan
Cryptocoins News / The Cointelegraph - 2 days ago
Onchain data shows that retail investors are not buying Bitcoin, but analysts say they’ve shifted into buying the spot ETFs. K...
Bitcoin News / Google News Bitcoin - 2 days ago
Bitcoin (BTC) Climbs Back Over $108K as Risk-On Appetite Returns, Altcoins Like Mutuum Finance (MUTM) Benefit From New Inflows& & MSN
More / Bitcoin Reddit - 2 days ago
There is no second best! ???? submitted by /u/moonlightvle [link] [comments]
Bitcoin News / Bitcoin.com - 2 days ago
The leading cryptocurrency has been stuck at the same price all week despite multiple macroeconomic events that many believe should have catalyzed positive price action. Fourth of July Lull: Bitcoin Shows Little Movement Traditional markets were clos...
Bitcoin News / Google News Bitcoin - 2 days ago
Bitcoin Holds Above $110K: Smart Capital Flows into BTC Miner for Daily Stable USD Returns& & GlobeNewswire